Disposable household and per capita income

(Redirected from Household income)

Household income is a measure of income received by the household sector. It includes every form of cash income, e.g., salaries and wages, retirement income, investment income and cash transfers from the government. It may include near-cash government transfers like food stamps, and it may be adjusted to include social transfers in-kind, such as the value of publicly provided health care and education.

Household income can be measured on various bases, such as per household income, per capita income, per earner income, or on an equivalised basis. Because the number of people or earners per household can vary significantly between regions and over time, the choice of measurement basis can impact household income rankings and trends.

When taxes and mandatory contributions are subtracted from household income, the result is called net or disposable household income. A region's mean or median net household income can be used as an indicator of the purchasing power or material well-being of its residents. Mean income (average) is the amount obtained by dividing the total aggregate income of a group by the number of units in that group. Median income is the amount that divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount.

Disposable income per capita of households and NPISH (OECD)

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The list below represents a national accounts-derived indicator for a country or territory's gross household disposable income per capita (including social transfers in kind). According to the OECD, 'household disposable income is income available to households such as wages and salaries, income from self-employment and unincorporated enterprises, income from pensions and other social benefits, and income from financial investments (less any payments of tax on income or wealth, social insurance contributions and interest on financial liabilities). 'Gross' means that depreciation costs are not subtracted.'[1] This indicator also takes account of social transfers in kind 'such as health or education provided for free or at reduced prices by governments and not-for-profit organisations.'[1] The data shown below is published by the OECD and is presented in purchasing power parity (PPP) in order to adjust for price differences between countries.

Gross household disposable income per capita (including social transfers in kind)
Location 2024* (USD PPP)[1]
United States71,300
Luxembourg70,150
Germany61,303
Austria57,890
Netherlands57,419
Australia56,019
Belgium54,862
France53,701
 Switzerland53,362 (2023)
Iceland52,641
Norway49,788 (2022)
United Kingdom49,367
Denmark49,099
Finland48,805
Sweden48,314
Ireland47,972
Italy47,463
Canada46,972
Spain44,600
Czech Republic42,601
Portugal41,952
Slovenia41,839
Japan40,482
Lithuania40,432
New Zealand40,028 (2022)
South Korea39,796
Poland39,186
Hungary37,697
Slovakia35,759
Estonia34,450
Greece33,888
Turkey33,471
Latvia31,873
Chile26,586
Mexico23,311
Colombia20,846
Costa Rica17,893 (2021)

*Figures have been rounded to the nearest dollar; if data is unavailable for 2024, figures for 2023, 2022 or 2021 are shown but figures from different years are not directly comparable.

Historical

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Households and NPISHs net adjusted disposable income per capita[2] US dollars per person, PPP converted, 2021   Y/y increase   Y/y decrease; P — provisional data
Country 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Δ
Australia31,44331,73132,88534,15935,90935,61937,07337,67337,20637,65738,18138,21738,57138,83039,31440,52542,02242,940N/a 11,497
Austria39,56940,80841,74342,59542,98942,87142,47842,19642,59341,75141,77141,33641,87442,25242,57742,83741,47342,78143,452 3,883
Belgium36,92837,06637,66138,27638,82738,90638,33437,95738,04338,00138,08438,16438,57339,06739,32740,12940,11041,28940,770P 3,842
Canada30,210P30,482P31,772P32,548P33,431P33,732P34,497P34,699P35,082P35,476P35,520P36,292P35,879P36,739P36,909P37,277P39,204P39,582P39,065P 8,855
Costa RicaN/aN/aN/aN/aN/aN/aN/aN/a14,08814,27414,55415,03815,95316,95717,23617,405N/aN/aN/a 3,317
Czech Republic22,87023,64124,52525,09025,36025,77225,90725,64825,43025,39926,00326,76127,48728,64629,69530,66330,76632,04531,163 8,293
Denmark31,76132,34733,02032,81832,74733,45234,42434,58434,42834,68035,01836,02536,93037,35437,81438,39237,93938,36838,353 6,592
Estonia13,96815,43817,43418,78820,09318,56717,88318,51118,52519,52620,38821,60522,49623,28824,59525,49425,88527,03625,673 11,705
Finland32,14732,51233,05733,98134,60234,71835,39635,49535,31735,16334,86135,13935,69835,96636,56737,29537,36637,93937,250 5,103
France35,56935,73636,38137,21337,20337,68538,16438,10937,95237,53437,86238,08338,58339,05239,31339,92339,21840,583P40,781P 5,212
Germany36,96537,28537,74537,89338,31138,32238,73839,37239,63739,65340,15640,77641,71642,24143,01443,338P43,858P44,059P43,758P 6,793
Greece27,35327,42928,82229,65529,82429,93327,36724,12021,39420,34920,78221,26621,38721,31521,60422,94722,288P23,871P24,399P -2,954
Hungary18,79919,66420,04419,16918,83918,18218,08118,75218,23518,60019,16019,87120,68121,87323,42224,45824,12725,58726,527P 7,728
Ireland26,41327,77728,18429,00529,93729,54128,68527,33227,42426,85626,81927,73128,61529,75130,25531,26533,12933,62133,386 6,973
Italy36,25736,27936,45636,69335,89535,06234,42334,08232,28932,03432,19232,56032,98033,35233,71133,81033,22334,41634,081 -2,176
Japan27,41527,90628,29528,61728,33428,54128,95729,09929,51529,71129,33729,69830,16330,42030,66031,12432,36631,76831,709 4,294
Korea18,42118,80919,41720,22920,51320,74221,50521,82122,24623,04323,71424,93625,26325,65026,40427,16527,92628,478N/a 10,057
Latvia13,20114,72716,71818,18918,91216,78316,30415,77516,56817,17217,95319,17220,18321,13622,20722,65723,15924,39723,781 10,580
Lithuania17,88019,16621,22521,84123,64421,45921,77422,35022,91823,87224,32225,41027,19127,75628,93430,93332,86333,68532,137 14,257
Luxembourg45,56044,60445,22545,78246,05347,17847,21247,02947,33648,43648,44647,81647,33348,37249,00750,01752,10752,10151,946 6,386
Mexico14,914P14,91215,74015,62415,48315,28115,40916,35616,44916,67216,87917,72517,69217,55517,50917,80816,45417,490P17,164P 2,250
Netherlands34,69734,64536,00436,68837,15537,73137,68537,77737,46837,01037,38837,74638,28638,45439,17539,94040,39341,497P41,860P 7,163
New Zealand25,17325,68626,48427,85127,20227,79428,12428,93429,13929,50929,37830,07830,88131,63232,63533,59935,372N/aN/a 10,199
Norway35,25437,57035,51936,89737,52038,57839,12539,93840,90741,71142,12043,44242,83343,25643,28943,73743,40744,83543,623 8,369
Poland16,22716,41917,23718,01718,78719,69420,52520,56820,79221,01422,14922,80824,06724,91825,93227,19828,33628,27428,588 12,361
Portugal25,89326,03025,84726,09826,34727,02326,86725,77224,86724,62924,47625,22625,89526,23226,88327,88127,16428,12428,176P 2,283
Slovakia15,87316,43617,18718,81920,03220,31020,74620,20320,08019,98220,38121,43622,06222,70124,14224,79724,81125,42925,299 9,426
Slovenia23,16024,14124,69025,53626,20925,83225,68425,73624,68624,11924,35724,90125,99726,75927,83028,67129,75130,99530,997 7,837
Spain29,65530,20830,42030,51830,73930,83330,32529,79027,80227,54827,56728,67429,35629,78330,11230,98730,43531,203P30,308P 653
Sweden30,42031,04432,17733,33533,94834,23434,83535,53836,35136,64236,96037,59238,55338,54038,63238,82138,16639,40439,048 8,628
 Switzerland38,38739,16540,20341,37141,44541,69642,08942,19642,82843,49143,69443,92644,10943,53343,49944,05945,28445,189P45,784P 7,397
United Kingdom31,90832,40732,73333,56433,17933,49133,57232,67433,22233,63434,17235,78535,77435,88936,29136,87635,71237,32636,564 4,656
United States44,40744,40245,43445,95446,36046,24246,66547,20848,06647,08948,20049,60550,22051,28352,67854,04057,37459,03755,532 11,125

Median equivalised household disposable income

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Annual median equivalised disposable income, in 2021, USD at PPP rates, by OECD country[3]

The median equivalised household disposable income is the median of the disposable income which is equivalised by dividing income by the square root of household size; the square root is used to acknowledge that people sharing accommodation benefit from pooling at least some of their living costs.[4][5] The median equivalised disposable income for individual countries corrected for purchasing power parity (PPP) for 2021 in United States dollars is shown in the below table.[3]

Median equivalised household disposable income
Location 2021 (USD PPP)
Luxembourg49,748
United States46,625
Norway41,621
 Switzerland39,698
Canada39,388
Austria37,715
Belgium37,110
Iceland36,853
Australia36,835
Netherlands35,891
Germany35,537
Denmark34,061
Sweden33,472
New Zealand32,158
South Korea31,882
Ireland31,392
Finland30,727
France30,622
Slovenia28,698
Italy27,949
United Kingdom26,884
Spain26,630
Estonia26,075
Poland24,264
Czech Republic23,802
Israel21,366
Japan21,282
Lithuania20,856
Latvia19,908
Croatia19,680
Portugal19,147
Greece16,774
Slovak Republic16,410
Romania15,898
Hungary15,361
Bulgaria14,990
Turkey10,341
Chile10,101
Costa Rica8,915
Mexico6,090
South Africa6,068

See also

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References

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